Credit Officer at Rex Microfinance Bank

Rex Microfinance Bank is a secure digital financial services platform that provides you and your business with opportunities for a strong financial future.

We are recruiting to fill the position below:

Job Title: Credit Officer

Location: Garki, Abuja
Employment Type: Full-time

Key Responsibilities
Loan Origination & Client Engagement:

• Identify and recruit potential borrowers, including individuals, SMEs, public servant workers, informal sector groups, and cooperative societies.
• Promote Hayok Credit products, especially health insurance financing, MSME loans, and structured credit packages.
• Conduct community and market visits to build a strong client pipeline.
• Support onboarding and documentation of new clients.

Credit Assessment & Appraisal:

• Conduct financial and background assessments of loan applicants.
• Review client income streams, repayment capacity, and credit history.
• Prepare credit appraisal reports and recommendations.
• Ensure compliance with internal credit policies and regulatory requirements.

Loan Processing & Disbursement Support:

• Support the preparation and verification of loan documentation.
• Coordinate with operations and finance teams to ensure timely loan disbursement.
• Ensure all KYC requirements and risk checks are completed.

Portfolio Monitoring:

• Track loan utilization and repayment performance.
• Provide early warning signals for potential default risks.

Recovery & Collections:

• Follow up on overdue accounts and implement recovery strategies.
• Engage clients respectfully to negotiate repayment plans where needed.
• Support repossession and recovery processes in line with company policy.

Reporting & Data Management:

• Maintain accurate records of client interactions, and loan performance.
• Submit periodic reports on the loan pipeline, disbursements, and collections.
• Use digital tools and lending platforms to track credit activities.

Compliance & Risk Management:

• Ensure adherence to Rex Mfb lending policies and procedures.
• Support fraud prevention by verifying client information and documentation.
• Maintain confidentiality and protect client data.

Qualifications & Requirements

• Bachelor’s Degree in Finance, Accounting, Economics, Banking, or related field.
• 2 – 3 years experience in credit analysis or lending within a financial institution.
• Strong understanding of loan origination and management processes
• Good knowledge of lending principles and risk management.
• Proficiency in financial analysis and documentation.
• Strong communication and negotiation skills.
• High level of integrity and attention to detail.
• Proven experience in the Microfinance sector.

Competencies & Attributes:

• Results-oriented with strong goal achievement skills.
• Excellent interpersonal and communication skills.
• Ability to analyze market trends and competitor activity.
• Strong negotiation and recovery skills.
• Resilient and able to attention to details.
• Customer relationship management.
• Fraud detection awareness.
• Ability to manage multiple clients.

Application Closing Date
6th March, 2026.

How to Apply
Interested and qualified candidates should send their CV to: oolejiya@rexmfbank.com using the Job Title as the subject of the email.